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8 February 2016 2016 05:09 PM GMT

The State Of Play For Renewables In Central America (Infographic)

The renewable energy market in Central America is moving incredibly fast, with governments helping to create the right conditions for success. Such as auctions in place, incentives and plans for distributed generation.

But are the conditions for success really there and what is putting roadblocks to rapid expansion? How can the region fulfill its massive potential?

This infographic displays a summary of the current state of play for renewables in Central America:

THE STATE OF PLAY FOR RENEWABLES IN CENTRAL AMERICA

Credit: via RECAM Week 

About RECAM Week:

RECAM WEEK is the must attend congress for decision makers doing business in the renewable energy industry from Central America, Colombia and the Caribbean. This premium renewable energy event will give you the answers you are looking for to ensure you secure financing, navigate policy and optimise operations to maximise ROI. RECAM WEEK covers the whole renewable energy spectrum with focused tracks on solar, wind and hydro.

At RECAM WEEK 2016 you will meet the entire clean energy ecosystem, including Developers, Owners, Operators, EPC Contractors, Consultants, Government Stakeholders, Installers and service providers to the industry. The event is highly attended by local as well as international delegates from across the globe.

Over the course of the week you will be given the opportunity to meet all the key players, both local and international, in one place at one time.

RECAM WEEK also gives you the latest insight from industry experts. You’ll benefit from a variety of conference formats, ensuring lively debate and maximum networking, including:

  • Focus Day on the Carribbean
  • New Interactive Formats
  • Knowledge Pill’s
  • International speakers and case studies
  • Focused Tracks on solar, wind, hydro
  • 60% of audience from the REGION
  • Energy storage and safety workshops
  • Over 32 hours of networking
  • Policy guide panel
  • Economic outlook
  • Question time
  • Schedule 1-2-1 meetings in advance

Find out more here.

August 5th 2017
Invenergy, GE Renewable Energy Announce 2GW Facility: Largest Wind Farm In US

Invenergy and GE Renewable Energy have announced a 2GW wind farm that will be the largest in the U.S. and second-largest in the world, once operational, in 2020. The Wind Catcher facility is under construction in the Oklahoma panhandle and will use 800 state-of-the-art GE 2.5 MW turbines. It will link more than 1.1 million customers with wind energy harvested domestically, saving them more than $7 billion, and will support 4,000 direct and 4,400 indirect jobs annually during construction and 80 permanent jobs once operational. “Wind Catcher shows American leadership in bringing low-cost clean energy to market at Giga scale,” said Invenergy’s Founder and CEO Michael Polsky.

August 4th 2017
Enel Awarded 339 MW Of Solar Capacity In Spanish Renewables Tender

Enel S.p.A., acting through its Spanish subsidiary Endesa’s renewable company Enel Green Power España (EGPE), has been awarded 339 MW of solar capacity in Spain. The award followed the tender aiming at collecting 3 GW from renewable energies, launched by the Spanish Government to help the country achieve its target to cover 20% of energy consumption from renewables by 2020. The solar capacity adds to the 540 MW of wind power capacity that EGPE was already awarded last May. “This new milestone confirms our commitment to green energy in Spain, a country which continues to offer growth opportunities for our renewable projects,” said Antonio Cammisecra, Enel’s Head of Global Renewable Energies.

August 9th 2017
35% Of German Electricity Consumption Now From Renewables: Grid Challenges Ahead

The Centre for Solar Energy and Hydrogen Research in Baden-Württemberg (ZSW) and the German Association of Energy and Water Industries (BDEW) have stated in an initial assessment that electricity generated from clean energy accounted for 35% of Germany’s consumption in 1H 2017. It’s the first time that this mark has been reached. The total share of electricity generated from renewables was up 2% from last year. The growth from onshore wind was 13.6%; offshore wind saw the steepest growth at 47.5%; growth from biomass increased by 2.2%, whilst the growth from PV systems was 13.5%, compared with the 1H 2016.

August 9th 2017
IDFC Alternatives Fund Acquires Solar Projects Totaling 190MW From First Solar

India Infrastructure Fund II (IIF II), represented by its investment manager, IDFC Alternatives Limited, one of India’s largest alternatives fund managers, is to acquire seven operating solar projects owned and operated by the First Solar Group in the Indian states of Andhra Pradesh and Telangana aggregating to a capacity of 190 MW. All the projects utilise First Solar’s advanced CdTe (Cadmium Telluride) based thin film modules, one of the most environmentally friendly PV technologies, and sell the power generated to state utilities, under long term power purchase agreements. Aditya Aggarwal, Partner, IDFC Alternatives stated that “consistent with its stated strategy of aggregating operating renewable assets, IIF II is well on its way to achieving an installed base of 400-450 MW of operating renewable assets by the end of the current financial year.”

August 17th 2017
Siemens Gamesa Installs Asia’s Tallest Turbines, Whilst Stepping Up Integration

Siemens Gamesa has set a new record in Asia by installing this year the tallest wind turbines on the continent. The turbines are equipped with 153-metre tall towers, and with the 56-metre blades, they reach a total height of 210 metres. Presently, a major focus for the company is the integration of the entities of Siemens and Gamesa. This has the objective of realising the new company’s substantial potential, thanks to its bigger scale and global reach: a presence in more than 90 countries, an installed base of 75 GW, and an order book of €21bn.